Rosbank (OJSC JSCB) is a private universal bank controlled by international banking group Societe Generale, which provides all types of services to private and corporate customers. Rosbank operates more than 700 outlets, covering over 70 Russia's regions. The subsidiaries of Rosbank include Rusfinance (consumer financing) and DeltaCredit (mortgage lending). In terms of assets and equity, Rosbank ranks as one of Russia’s largest financial structures and one of the country's top five lenders in terms of its loan portfolio. Total assets: approx. US$ 15.2 billion (as of December 31, 2010).
Rosbank's primary activities include retail and corporate banking, SME finance, investment banking, treasury related operations, trade finance, asset management, private banking, custody and depositary services, international and domestic settlement services, credit card services. ROSBANK won The Banker magazine's "Bank of the Year Awards 2008" in the category "Bank of the Year in Russia".
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Rosbank :: Press Releases
23.06.2009 Rosbank announces the appointment of Jean-Louis Mattei as Chairman of the Board of Directors. He replaces Philippe Citerne who had chosen to retire. More
15.05.2009 Rosbank launched its new retail program. Bank is going to render services to the most reliable clients, increasing volume of car and consumer loans. Furthermore, Rosbank declared it's coming back to retail networks with express consumer loans.
Financial News
Three Swiss bankers indicted by U.S. in tax crackdown - 09.01.2012 U.S. authorities are moving toward taking legal action against Wegelin & Co., which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. Source: Reuters
Islamic finance assets to hit US$ 1.1 trillion in 2012 - 22.11.2011 Islamic finance assets around the world are expected to climb 33% from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday. Source: Reuters
Spanish bank ratings downgraded by Fitch and S&P - 12.10.2011 Two leading credit rating agencies have downgraded some of Spain's largest banks, citing a deteriorating outlook for the Spanish economy. Source: BBC News
Spotlight on Islamic Retail Banking – strategies for fast growing industry - 07.10.2011 Islamic Banking is young but fast growing industry what brings challenges as need for standardization, expanding at the market (now < 1% population is banking Islamic Banks), lack of public awareness about Islamic Banking (misinterpretation) and limited resources of qualified people in this particular industry. Source: Fleming Gulf
JBIC inks $43bn credit line pact with Japan banks - 05.10.2011 The Japan Bank for International Cooperation (JBIC) said Wednesday that it has signed separate pacts with three major Japanese banks to give them a combined $43 billion, or Y3.3 trillion, credit line, as part of the government's steps to encourage companies to go ahead with M&As overseas. Source: Nikkei
U.S. banks begin charging monthly debit-card fees - 01.10.2011 Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Source: CNNMoney